Nanosilica, a mesoporous form of silica, is the latest development in the field of nanotechnology. Nanosilica is mainly of three types: P-type or porous nanosilica, S-type, or spherical nanosilica, and type 3 nanosilica. It has applications as fillers in plastics and polymers and as reinforcing agents in rubber and concrete mixtures. It provides excellent toughness, strength, and reduced setting time. Its non-toxicity and biodegradability make it useful in the pharmaceutical industry, for drug delivery and therapeutics. Under electronics segment, it is used to make insulators due to its low thermal conductivity.

Technavio’s analysts forecast the global nanosilica market to grow at a CAGR of 7.90% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global nanosilica market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

the Americas,

APAC,

Europe,

ROW

Technavio's report, Global nanosilica market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Akzo Nobel

Cabot Corporation

DuPont

Evonik

FUSO CHEMICAL

Other prominent vendors

Advanced NanoTech Lab

Bee chems

DKIC

Dow Corning Corporation

nanoComposix

Nano Labs

NanoPore Incorporated

nanoShell

Nanostructured & Amorphous Materials

Wacker Chemie

Market driver

Growing demand for nano coatings

For a full, detailed list, view our report

Market challenge

Stringent regulations on nanomaterials

For a full, detailed list, view our report

Market trend

Rising demand from the rubber industry

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Global nanosilica market 2017-2021

Technavio recognizes the following companies as the key players in the global nanosilica market: Akzo Nobel, Cabot Corporation, DuPont, Evonik, and FUSO CHEMICAL

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rising demand from the rubber industry. Inorganic nanofillers, for example: Nanosilica, have great potential to improve the chemical and physical properties of rubber. Nanosilica-reinforced tires are helpful in decreasing the greenhouse gas emissions from vehicles. The use of nanosilica fillers in the tires makes it light-weight and enhances its thermal resistivity, optical resistivity, and flame retardancy. Mixing silicon dioxide with natural rubber or synthetic rubber improves its thermal resistance, elasticity, and young modulus of the natural rubber nanocomposite materials. Also, the reinforcement rate of vulcanized rubber can be made 40 times higher than that of natural rubber, with the addition of nanosilica fillers.”

According to the report, one of the major drivers for this market is Growing demand for nano coatings. With the increasing use of nanotechnology in paints and coatings on materials and surfaces, nanoparticle composites are gaining importance because of their characteristics that enhance the performance of applied surfaces. Nanoparticles such as nanosilica are used as fillers that provide scratch resistance, hardness, ultraviolet radiation resistivity, and antistatic properties. The size of nanosilica is very small that is responsible for features such as: larger surface area and better performance. It is increasingly used in households and healthcare and automotive sectors. The coating of nanosilica/silicon dioxide also offers antimicrobial and germ-killing properties when mixed with paints and nanoparticle composites.

Further, the report states that one of the major factors hindering the growth of this market is Stringent regulations on nanomaterials. Although nanosilica has wider applications in many industries and the market is expected to grow at a decent rate, certain regulations are restricting its usage and consumption. For instance, European Commission's (EC) scientific committee on consumer safety (SCCS) has investigated the restricted usage of nanosilica in beauty and cosmetic products. According to the EC, high potential exposure of nanosilica in many products is a concern as it can break out of the agglomerate and enter body cells. In cosmetics, it is used in nano forms that perform several functions like anti-foaming; anti-caking; and skin conditioning. SCCS is highly concerned about the restricted usage of silica, hydrated silica, and silica surface modified with alkyl silicates that are in nano form.